Sarasota hotel gets $57.5 million refinancing

The owners of Art Ovation turned to a national lender to refinance the posh hotel.

  • By Louis Llovio
  • | 5:30 p.m. July 28, 2022
  • | 0 Free Articles Remaining!
The owners of Art Ovation turned to a national lender to refinance the posh hotel for $57.5 million. (Courtesy photo)
The owners of Art Ovation turned to a national lender to refinance the posh hotel for $57.5 million. (Courtesy photo)
  • Manatee-Sarasota
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The owners of Sarasota’s Art Ovation hotel have refinanced the property for $57.5 million.

The 10-year loan was originated by national commercial real estate lender 3650 REIT.

 

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